United Van Der Horst MD, chairman, board of directors and AGM
BSE: 522091Electrical EquipmentSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹29.68.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹203 Cr2,184th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 6 Aug 2026
- 47.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 3.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.68%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 6 Aug 2026
- 8.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 6 Aug 2026
- 9.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.62
- Volume, BSEVolume. Shares traded on the last trading day.
- 7,988
United Van Der Horst board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorJagmeet Singh Sabharwal
4 directors2 independent1 executive1 non-executive
- Jagmeet Singh Sabharwal · Chairperson and managing directorExecutive · joined May 2017 · 1 listed board · 2 committee seats
- Akshay Ashokan VeliyilNon-executive · joined May 2017 · 1 listed board · 1 committee seat, 1 as chair
- Adarsh KhandelwalIndependent · joined Jan 2025 · reappointed Jan 2025 · 17 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Tripti Nishant SawantIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20264 of 4 present2 independent
Audit Committee
Chair Tripti Nishant Sawant
Jagmeet Singh Sabharwal, Adarsh Khandelwal
- 30 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Tripti Nishant Sawant
Jagmeet Singh Sabharwal, Adarsh Khandelwal, Akshay Ashokan Veliyil
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Akshay Ashokan Veliyil
Jagmeet Singh Sabharwal, Tripti Nishant Sawant
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- CKSP AND CO LLPPeer-review certificate valid to Jan 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
United Van Der Horst AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.United Van Der Horst dividend history
Annual general meeting, 21 Sep 2026
8,646 shareholders on the register on 14 Sep 2026; present: 2 promoters and 39 others; votes counted by Sameer Shinde / AMS and Partners LLP.The company's voting result (opens in a new tab)
- Adoption of Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.42% · promoters 92.45% · institutions 0.00% · other public 20.50%
- Re-appointment of Mr. Akshay Ashokan Veliyil (DIN: 07826136) as a Director, liable to retire by rotation, who had offered himself of re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.42% · promoters 92.45% · institutions 0.00% · other public 20.50%
- Re-appointment of Mr. Jagmeet Singh Sabharwal (DIN:00270607) as Chairman & Managing Director of the Company for the further term of Three YearsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.42% · promoters 92.45% · institutions 0.00% · other public 20.50%
- To approve Material Related Party Transaction(s) with Related PartiesOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 5.14% · promoters 0.00% · institutions 0.00% · other public 20.50%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeCommissioner, of CGST & C.EX, Audit Raigad Commissionerate, Maharashtra, under Central Goods and Services Act, 2017 (CGST Act) and the Maharashtra Goods and Services Act, 2017 (MGST Act)Since 28 Sep 2025
Upon review of the said order, certain observations and demands have been accepted by the Company, while others are not tenable The Company has filed an appeal against the disallowed portions of the order, within the prescribed timelines. Further, As on the date of filing the report the appeal has been accepted.MoreLess
At the filing before: Upon review of the said order, certain observations and demands have been accepted by the Company, while others are not tenable The Company is in the process of filing an appeal against the disallowed portions of the order, within the prescribed timelines.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesAug 2024 | – | 1. Purchase of New Machineries and Enhancing Company's Current Equipment base 2. Working Capital Requirements 3. General Corporate purpose | – | – | No | Audit committee: No Comments by Audit CommitteeAuditors: No Comments by Auditors |